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From Yahoo! Tech News
  • South Korea prosecutor seeks arrest of Samsung chief for bribery

    Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in SeoulBy Ju-min Park and Se Young Lee SEOUL (Reuters) - South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal, which last month led to parliament impeaching Park. The special prosecutor's office accused Lee of paying bribes total 43 billion won ($36.42 million) to organizations linked to Choi Soon-sil, a friend of the president who is at the center of the scandal, in order to secure the 2015 merger of two affiliates and cement his control of the family business.


  • Airbus CEO sees 'flying car' prototype ready by end of year

    Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group's annual results, in LondonAirbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday. Airbus last year formed a division called Urban Air Mobility that is exploring concepts such as a vehicle to transport individuals or a helicopter-style vehicle that can carry multiple riders. "One hundred years ago, urban transport went underground, now we have the technological wherewithal to go above ground," Airbus CEO Tom Enders told the DLD digital tech conference in Munich, adding he hoped the Airbus could fly a demonstration vehicle for single-person transport by the end of the year.


  • Oracle opens start-up accelerator in Israel for cloud innovation

    The Oracle logo is seen on its campus in Redwood CityU.S. software provider Oracle Corp said on Monday it was opening an accelerator program in Israel for startups developing cloud technologies or whose technologies are based in the cloud. A pilot program was first launched in India and more centers will be announced soon. Oracle's startup cloud accelerator program builds on its excellence center for Israeli startups, which was established in 2003 by Oracle Israel in cooperation with the government to support the growth of early stage startups.



  • Order the book Financial Markets For The Rest Of Us from these fine stores:
    Financial Markets Book

    Financial Markets For The Rest Of Us
    An Easy Guide To Money, Bonds, Futures, Stocks, Options, And Mutual Funds

    ISBN: 0595202756 / Publisher: iUniverse / Date: Nov 2001 / Page Count: 418

    "Financial Markets For The Rest Of Us" is a reference and tutorial covering various financial markets in the USA and the rest of the world. The book comprises six major chapters covering the concepts of money, bonds, futures, stocks, options, and mutual funds. It cleverly illustrates the operation and interdependencies of these various markets, while keeping the language simple for everyone to follow. If you have ever wondered about how the financial markets operate, or you have ever felt overwhelmed by the complexities of the financial markets, this book is for you.


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